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721-723 6th Street
SOLD

MLS Group Acquires Multifamily In Union City, NJ For $2M

721-723 6th Street

MultiFamily
22,600 SF
clock iconSold 99 days ago
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Summary

Sale
NEW JERSEY
MultiFamily
22,600 sqft

The Jonathan Zamora Team at Marcus & Millichap is pleased to announce the closing of a fractured condo bulk sale in Union City, NJ. The property, located at 721-723 6th Street, is a multifamily asset with a total square footage of 11,300. The sale price for the property was $2,000,000, resulting in a price per square foot of $177. The transaction took place on 02/02/2024.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,000,000
  • Buyer: MLS Group
  • Seller: Mona Khan
  • Broker: Jonathan Zamora - Marcus & Millichap
  • Market: Union City, NJ

The Zamora Team successfully marketed the property, going into contract with no contingencies and closing quickly. This achievement met the seller's goals, which previous local brokerages had been unable to accomplish. The Zamora Team provides a wide-reaching marketing process, ensuring successful transactions for their clients. For those interested in their current inventory or considering a sale, they offer a free opinion of value on assets.

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Jonathan Zamora's profile picture
Jonathan Zamora
Marcus & Millichap-image
Vice President Investments
$48M Sold

Details

Deal Summary
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SOLD
IMAGE: Jonathan Zamora DATE: 02/02/2024 ADDRESS: 721-723 6th Street MARKET: Union City , NJ ASSET TYPE: Multifamily BUYER: MLS Group SELLER: Mona Khan BROKER: Jonathan Zamora (@TheZamoraTeam) - Marcus & Millichap (@MarcusMillichapinc) SALE PRICE: $2,000,000 SF: 11,300 ~ PPSF: $177 NOTE FROM BROKER: The Zamora Team is pleased to announce the closing of a fractured condo bulk sale in Union City NJ. Running our wide-reaching marketing process, we were able to go into contract with no contingencies and close quickly, achieving our sellers' goals, which other local brokerages had previously failed to meet in marketing the listing. Reach out to see our current inventory or if you are considering a sale and would like a free opinion of value on your asset.

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Address721-723 6th Street

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